Investing in the Future, Sale of Senior Notes, and New Office Locations - Analyst Notes on JPMorgan Chase, ACE Limited, Bank of the Ozarks, ARMOUR Residential REIT and Equity One
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NEW YORK, May 29, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding JPMorgan Chase & Co. (NYSE: JPM), ACE Limited (NYSE: ACE), Bank of the Ozarks, Inc. (NASDAQ: OZRK), ARMOUR Residential REIT, Inc. (NYSE: ARR) and Equity One Inc. (NYSE: EQY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3061-100free.
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JPMorgan Chase & Co. Analyst Notes
On May 21, 2014, JPMorgan Chase & Co. (JPMorgan Chase) announced the Company's five-year commitment to support and accelerate Detroit's economic recovery and strengthen its communities, with a value of $100 million. JPMorgan Chase Chairman and CEO, Jamie Dimon, commented, "We believe in Detroit's future, and we want to see the city recover its economic strength. With this investment, we are putting our resources and expertise to work to help Detroit chart a course back to economic prosperity. We have been in Detroit for a very long time, and we're here for the long term." The full analyst notes on JPMorgan Chase are available to download free of charge at:
http://www.analystsreview.com/JPM.pdf/Register
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ACE Limited Analyst Notes
On May 21, 2014, ACE Limited announced that ACE INA Holdings Inc., a Company subsidiary, has agreed to sell $700 million 3.35% senior notes due May 2024. According to the Company, the notes are guaranteed by the Company, with Goldman, Sachs & Co., J.P. Morgan Securities LLC, ANZ Securities, Inc. and Mitsubishi UFJ Securities (USA), Inc. serving as joint book-running managers. Additionally, the Company informed that the net proceeds from the sale of the notes will be used to repay $700 million of ACE Limited's 2.60% senior notes maturing in November 2015. Lastly, ACE Limited further stated that it may also make the net proceeds available to its subsidiaries or invest them in marketable securities. The full analyst notes on ACE Limited are available to download free of charge at:
http://www.analystsreview.com/ACE.pdf/Register
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Bank of the Ozarks, Inc. Analyst Notes
On May 19, 2014, Bank of the Ozarks, Inc. (Bank of the Ozarks) announced that it has opened a new full-service banking office. According to the Company, the new banking office is located at 19811 W. Catawba Avenue, marking its second office in Mecklenburg County. The Company stated that the new banking office is spread across 3,700 sq. ft. of space, which includes drive through teller lanes and a drive through ATM, and is aimed to accommodate the Company's growth and future growth plans. Additionally, the Company stated that it will add home mortgage lending to the Company's loan offerings in Cornelius. Bank of the Ozarks Senior Vice President, Tom Dutton, stated, "We are pleased to continue our expansion with the opening of this new office. Its location in Cornelius will allow us to serve a new market while being in close proximity to our existing offices in Charlotte, Cleveland, Lincoln, Gaston, and Rutherford Counties." The full analyst notes on Bank of the Ozarks are available to download free of charge at:
http://www.analystsreview.com/OZRK.pdf/Register
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ARMOUR Residential REIT, Inc. Analyst Notes
On May 23, 2014, ARMOUR Residential REIT, Inc. (ARMOUR Residential REIT) stock went up by 0.71%, ending the day at $4.28 per share. The Company's stock reflected an increase of 9.18% over the past six-month trading period, compared to the S&P 500 which went up by 5.31% during the same trading period. The full analyst notes on ARMOUR Residential REIT are available to download free of charge at:
http://www.analystsreview.com/ARR.pdf/Register
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Equity One Inc. Analyst Notes
On May 23, 2014, Equity One Inc.'s (Equity One) stock reflected an increase of 0.71%, closing the day at $22.68 per share. Over the past three-month trading period, however, the Company's stock went down by 2.16%, compared to the Dow Jones Industrial Average that gained 3.12% during the same trading period. The full analyst notes on Equity One are available to download free of charge at:
http://www.analystsreview.com/EQY.pdf/Register
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